USDJPY longs at buying opportunity at 134.10/133.90 hit my target of 135.45/55 & 135.80/90 before reaching strong resistance at 136.65/85. Resistance at 100.60/80!! Shorts need stops above 101.00. If you managed to hold the short, the pair collapsed to my target of 100.00/9990, reaching 9970. Shorts needed stops above 100.80 & this was tricky because we overran to 100.88. Be ready to sell a break below 6125 to target 6100/6090, probably as far as 6040/30 for profit taking on shorts.ĬADJPY hit my target & Fibonacci resistance at 100.55/65. Shorts at 6190/6200 can target 6150/40 for some profit taking. If we retest this resistance today, shorts need stops above 6215. NZDUSD shorts at first resistance at 6190/6200 worked perfectly as prices collapsed from 6207. We are retesting 6700/6695 as bears remain in control, as expected. AUDUSD could not reach first resistance at 6770/80, so I must revise this to 6760/70 & a high for the day is possible in the bear trend if tested today.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |